SELLERSPACKAGES STARTING AT $899
Sell your property under your own terms, at your own time while still receiving expert advice! Sellers choosing the Owner Assisted option will receive exposure on REALTOR.ca, OptionsRealtyLakeland.ca, and our many social media platforms.
OWNER ASSISTED SERVICEWHAT YOU CAN EXPECT FROM THIS PACKAGE
- Free In-Home Evaluation
- Professional REALTOR Advice
- Title and Property Tax Verification
- Pricing Assistance
- Professional Photos of Your Property
- Yard Signage
- Property Listed on the Multiple Listing Services (MLS®) website REALTOR.ca, OptionsRealtyLakeland.ca, other third-party websites, and social media platforms
- Access to Forms and Contracts
- 24/7 Customer Service
- You Show Your Property On Your Own Time
SELLING YOUR PROPERTYSAVINGS CHART
Selling Price |
Based on 7/3 Commission |
Owner Assisted MLS® Listing Service |
Your Potential Savings* |
| $100,000 | $7,000 | Starting at $899+GST | $6,101 |
| $200,000 | $10,000 | Starting at $899+GST | $9,101 |
| $300,000 | $13,000 | Starting at $899+GST | $12,101 |
| $400,000 | $16,000 | Starting at $899+GST | $15,101 |
| $500,000 | $19,000 | Starting at $899+GST | $18,101 |
| $600,000 | $22,000 | Starting at $899+GST | $21,101 |
| $700,000 | $25,000 | Starting at $899+GST | $24,101 |
*Potential savings utilizing Options Realty Lakeland Owner Assisted Package versus paying 7% on the first $100 000, and 3% on the balance of selling price.
SELLING YOUR PROPERTYSAVINGS CALCULATOR
TIMES HAVE CHANGEDHOW IT WORKS
Prior to a ruling by the Federal Government Competition Bureau in 2010, access to the Multiple Listing Service was limited to Real Estate Brokerages that offered “full services” when listing a property. It did not matter if this Brokerage was a Discount Brokerage, or a more traditional Full Service Brokerage; if the home was listed on the MLS® System, the REALTOR was required to enter into an agency relationship with the seller.
The most significant change that came about from this rule change was that REALTORS are now able to list a property on the MLS® System without entering into an agency relationship with the seller. This has opened up the doors to alternative real estate models that allow the Brokerages to choose what services they wish to offer. A Brokerage is now able to list a property on the MLS® System and then have no more involvement in the sale of the property. This type of listing in called a “mere posting” and is the basis for our “Owner Assisted MLS® Listing Service”.
SELLING YOUR HOMETHE PROCESS
DO MORE - SAVE MORE!OWNER ASSISTED OPTIONS TO SELL YOUR HOME
- Title Search
- Tax Assessment Verification
- Measurements
- 15 Professional Photos
- A printout of Local Comparable Sales for Pricing Assistance
- 6 Month MLS® Listing plus DDF Sharing
- Exposure on Facebook and OptionsRealtyLakeland.ca
- Yard Sign
- Title Search
- Tax Assessment Verification
- Measurements
- 30 Professional Photos
- A CMA (Comparative Market Analysis) for Pricing Assistance
- 12 Month MLS® Listing plus DDF Sharing
- Exposure on Facebook and OptionsRealtyLakeland.ca
- Yard Sign
- Negotiations with Buyers and Buyer's Agents
- Contract Completion
- Conveyancing of the deal to the Lawyers
- Extend existing listing for an additional 6 months.
* GST applicable. The Extension is for an existing listing, providing it has not expired on our system.
SELLING YOUR PROPERTYUNDERSTANDING BUYER'S AGENT COMPENSATION
Understanding Buyer’s Agent Compensation – As your listing will be seen by all the local REALTORS through their own private database, you should be prepared to handle a situation where you are contacted by a Buyer’s Agent looking to show your property.
Buyer’s Agents are typically paid a split based on what the Listing Agent charges their client to list the property. Depending on the property and the market in which it is listed, this could be 7% on the first $100,000 and 3% on the balance of sale price, in which case the Buyer’s agent would typically receive 3.5% of the first $100,000 and 1.5% of the balance.
In the case of your listing, Buyer`s Agents have not received any incentive to show or sell your property, as they are not being offered any compensation. Simply put “No Compensation” equals “No Cooperation”. In order receive cooperation from the majority of Buyer’s Agents, we recommend that you offer a cooperating commission to any Buyer’s Agent that brings you an offer.
Does this mean that you have to offer 3.5% of the first $100,000 plus 1.5% of the balance? Absolutely not, Buyer’s Agents know that increased competition in the marketplace has eroded those hefty commission rates, and are quite often willing to cooperate for less money. While it is totally up to you, or if, you will offer a cooperating commission, we highly recommend that you offer a minimum of 1% of the sale price in order to garner the cooperation of the Buyer’s Agents.
Be wary of other FSBO (For Sale By Owner) Brokerages that do not discuss Buyer’s Agent Commissions with you, while trying to sell you their services. Of course, if you sell your home directly to the Buyer, all of this will be a moot point, and you will save yourself thousands of dollars.
OPTIONS REALTY LAKELAND
Proudly serving Bonnyville, Cold Lake, Elk Point, St. Paul.